A Q1 2018 affected by a low Dollar
- Increase in the availability rate of units 1 to 4 to 96.8% vs. 83.7% in Q1 2017;
- Slight improvement in the availability rate of units 5&6 to 92.3% (vs. 92% in Q1 2017);
- Rise in energy costs due to the evolution of coal’s purchase price on the international market;
- Depreciation of Dollar against Dirham in Q1 2018 compared to the same period of 2017.
BMCE Capital Global Research is a subsidiary of BMCE Capital Group dedicated to Research and Financial Analysis. It is addressed to professional investors (financial institutions, management companies, etc.) to which it provides information and independent analysis aligned with international standards. BMCE Capital Research covers equities, interest rate, Forex and commodities markets in Morocco, Tunisia and WAEMU region (Bourse Régionale des Valeurs Mobilières, BRVM). Thanks to its latest generation technology platform, to its teams and to those of its partners, the Research Office of BMCE Capital is now able to cover simultaneously several places in Africa and to produce several publications co-branded under its umbrella brand African Securities Network, ASN.
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